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re: US job openings drop to more than 3-1/2 year low in September
Posted on 10/29/24 at 10:45 am to JohnnyKilroy
Posted on 10/29/24 at 10:45 am to JohnnyKilroy
quote:
Market gains + dividends have outpaced inflation by a substantial margin.
Depends on how you’ve been invested. The S&P equal weight and the Dow? Probably not. Midcaps? Probably not. If you have a lot of exposure to the handful of high flyers, sure you’re ahead of inflation. My point is that the “gains” aren’t what they seem.
1
Posted on 10/29/24 at 10:46 am to RLDSC FAN
That crap is so embellished.
They use stuff like Christmas tree delivery guys from thanksgiving till Christmas and any other random part time job/seasonal job as a job opening.
Then on top of that, with the economy, most well paying career fields are not doing any lots of hiring because they can’t afford to hire people at those pay rates
They use stuff like Christmas tree delivery guys from thanksgiving till Christmas and any other random part time job/seasonal job as a job opening.
Then on top of that, with the economy, most well paying career fields are not doing any lots of hiring because they can’t afford to hire people at those pay rates
Posted on 10/29/24 at 10:48 am to RLDSC FAN
Can’t wait to see the revised numbers in 2 months 
Posted on 10/29/24 at 10:48 am to TCO
Doing fine. Unfortunately, it is a paper tiger
Posted on 10/29/24 at 10:48 am to SloaneRanger
quote:
The S&P equal weight and the Dow? Probably not.
I don't know anyone who invests in equal weight sp500? Do you?
quote:
If you have a lot of exposure to the handful of high flyers, sure you’re ahead of inflation.
So like anyone who invests into a normal broad market index fund?
Posted on 10/29/24 at 10:52 am to JohnnyKilroy
Mate, are you trending back left again?
Posted on 10/29/24 at 10:56 am to upgrayedd
Can’t wait to see the revised numbers in 2 months
----Probably on November 6th
----Probably on November 6th
Posted on 10/29/24 at 11:02 am to NIH
quote:
Mate, are you trending back left again?
I'm just sitting here in reality where, in real terms, the market + dividends has done pretty damn well the past 3.5 years.
I always get a kick out of people on TD who claim their investments are less (even in nominal terms) than they were in 2020. 2022 sucked for the market but 2021, 2023 and 2024 have been incredible. Stupid to deny that.
Posted on 10/29/24 at 11:05 am to RLDSC FAN
We're importing millions of immigrants in a naturally shrinking economy.
Wages are going to fall dramatically.
Wages are going to fall dramatically.
Posted on 10/29/24 at 11:41 am to TCO
quote:
How’s your 401k doing?
Ah, yes, great point. Never mind the higher costs of living due to inflation and wages not increasing accordingly so people can afford the same lifestyle they could just 4 years ago. Who cares about not being able to afford a house, when you can just rent. What’s really important now is to focus on the growth of the money in a retirement fund that can’t be touched before 60 without major tax penalties. I’m sure the average consumer will sleep easier at night knowing the market is doing so well.
Posted on 10/29/24 at 12:01 pm to TCO
quote:
How’s your 401k doing?
I can tell you failed economics 101.
All this bragging about 401k is BS. Lets say you had $700k at start of Bidenomics term. You now have $900k. You think its great.
Inflation over 4 years at around 33%. So $700k when factoring inflation would need to be worth $931k just to break even. If its worth $900k then I lost money in relation to inflation.
Thats whats lost on people. And the fact that 33% never goes away. Everything costs way more so you need to outpace inflation to stay ahead. I don’t know the exact inflation number but its likely higher than 33%.
Posted on 10/29/24 at 12:06 pm to RLDSC FAN
California job openings fall 30% as unemployment rate is second-worst in country
Posted on 10/29/24 at 12:13 pm to RLDSC FAN
Ah yes the Dems manipulate the numbers at a election time. Same old tricks.
Posted on 10/29/24 at 12:17 pm to RLDSC FAN
How much do you want to bet that this is a blatant lie put out before the election in a futile attempt for Kamala to be elected?
Posted on 10/29/24 at 12:41 pm to RLDSC FAN
Keep voting for Democrats!!
Posted on 10/29/24 at 12:45 pm to OU Guy
Well…maybe ya boys Trump and Biden shouldn’t have printed so much Covid money. You should have known we’d have to pay the piper.
The presidents didn’t invent covid, but they printed money like it was a strip club. I don’t know specifically why you all don’t blame Trump as much as Biden.
Lastly, inflation is what it is. We can’t go back and unprint that money. Regardless, we’ve been headed in the right direction for at least a year and a half. Would you have rathered the stock market tanked?
Second edit: just realized who I was replying to. Wish I wouldn’t have wasted my time typing.
The presidents didn’t invent covid, but they printed money like it was a strip club. I don’t know specifically why you all don’t blame Trump as much as Biden.
Lastly, inflation is what it is. We can’t go back and unprint that money. Regardless, we’ve been headed in the right direction for at least a year and a half. Would you have rathered the stock market tanked?
Second edit: just realized who I was replying to. Wish I wouldn’t have wasted my time typing.
This post was edited on 10/29/24 at 12:53 pm
Posted on 10/29/24 at 12:48 pm to TCO
quote:
Well…maybe ya boys Trump and Biden shouldn’t have printed so much Covid money.
Obama, Trump and Biden have been deficit spending since 2010 with full employment.. Funny how no one cared with it was Obama kicking the can down the road.
Posted on 10/29/24 at 12:50 pm to RogerTheShrubber
quote:
Obama, Trump and Biden have been deficit spending since 2010 with full employment.. Funny how no one cared with it was Obama kicking the can down the road.
Funny how R’s don’t share the blame. MAGA’s don’t care if Trump spends, only if D’s do.
Posted on 10/29/24 at 12:56 pm to TCO
quote:
Sucks that people have jobs.
With inflation, multiple jobs are needed.
Posted on 10/29/24 at 12:58 pm to jimmy the leg
quote:
With inflation, multiple jobs are needed.
How many jobs do you have?
People didn’t work 2 jobs before Covid?
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